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Experts: Expect A Wipeout For South African Miners

The downturn in South African…

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OPEC Not In A Hurry To Cut Deeper

While OPEC may be considering…


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Nigerian Crude Exports to Hit 17-Month High in August

Jun 22, 2017 at 17:53 | Zainab Calcuttawala

Nigerian crude exports will top 2 million barrels per day in August, reaching a 17-month high, according to new data compiled by Reuters on Thursday. Attacks by militants in the…

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Trump’s ‘Solar Border Wall’ Claim Sends Stocks Soaring

Jun 22, 2017 at 17:48 | Zainab Calcuttawala

Donald Trump has told supporters at a rally in Iowa that his proposed wall on the U.S.-Mexico border would ideally be laden with solar panels, according to a new report…

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Rosneft Plans To Start Paying 50% Of Net Profit As Dividends

Jun 22, 2017 at 17:10 | Tsvetana Paraskova

Russia’s state-controlled oil giant Rosneft plans to pay 50 percent of its net profit as dividends to shareholders starting from the 2017 results, chief executive Igor Sechin said at…

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Michigan Fires Oil Pipeline Risk Assessor Over Conflict Of Interest

Jun 22, 2017 at 16:43 | Tsvetana Paraskova

The state of Michigan has terminated a contract with Det Norske Veritas (DNV GL)—which was preparing a risk analysis report on Enbridge’s Line 5 pipeline below the Straits of Mackinac—over…

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Russian Maritime Oil Exports Fall For First Time In 2017

Jun 22, 2017 at 14:55 | Irina Slav

Russia exported 4.822 million bpd of crude oil by sea in May, down from a record 5.21 million bpd in the previous month, energy data provider Kpler has said, adding…

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Iran Starts Exporting Nat Gas To Iraq

Jun 22, 2017 at 12:25 | Irina Slav

Iran has finally started exporting natural gas to its neighbor Iraq, after a four-year delay due to the challenging security situation in war-torn Iraq. The exports have started at a…

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Tunisian Protesters Shut Down Oil And Gas Pipelines, Again

Jun 22, 2017 at 11:46 | Tsvetana Paraskova

Protesters shut down on Wednesday several oil and gas pipelines in the southern Tunisian province of Kebili to urge the government to meet their demands for more jobs and investments…

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DAPL Will Continue Carrying Crude Through Summer

Jun 22, 2017 at 10:09 | Irina Slav

Federal judge James Boasberg, who last week ruled for an assessment review of the environmental impacts of the Dakota Access pipeline, has scheduled more hearings on the case for the…

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Mississippi’s Future Clean Coal Plant Gets Quashed By Regulators

Jun 22, 2017 at 09:59 | Irina Slav

Clean coal’s future isn’t looking so bright today, as Mississippi regulators voted to stop progress on the second clean coal power plant in the U.S. in favor of cheaper natural…

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Brent Slips Below $45 As Glut Uncertainty Continues

Jun 21, 2017 at 20:41 | Zainab Calcuttawala

Brent crude slipped below $45 on Wednesday, reaching its lowest price since last November as a supply glut continues to plague oil markets, according to a new report by

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